before anybody was up to you think he'd do hayek the great philosopher who did talk about the road to serfdom? >> they corresponded once or twice i know that hayek was hoping hoover would give a blurb of his own in 1960 but i have not been able to find much beyond that and i don't know possibly correspondence has been lost but it would seem a couple of casual contacts but beyond that i don't know. >> host: we come to the third part of the chat which is about the controversy because today you read it is all hoovers fault or coolidge and hoover but not roosevelt or once it was all roosevelt and this is why it is timely. for the first time because it is about that dark economic period so i could write about your discovery professor nash finds new things. people often blamed calvin coolidge for a statement he allegedly made that the market was just fine and stock prices for okay. with the copies of the article that prosperity was absolutely sound to the stocks were cheap in the market so it turns out the only source other historians can find but what i did from one year ago. with the righ

there are some interesting comparisons between hoover and hayek. >> guest: some fans of hayek don't likeoover. it's incredibly controversial area. americans think about themselves in politics through these figures. so here is hoover, the gospel according to palo alto is one phrase for hoover issuing from stamp or what might hoover have thought about china now? would be the? >> guest: he was tightly disturbed in the late 40s had permitted amounts of time to power. there's several new books out about the history of china by tyler among others that i think hoover would probably read those books since a look at the horrible, horrible cost of communism in china from 1949 until the turn towards greater economic freedom in the 80s. so hoover would probably say, i'm speculating of course, think of what was lost before china found it so and started in some ways to move in a more prosperous and further direction, still not a totally free society by hoover standards. to think of tens and tens of millions of people who've lost their lives because of utopian fantasies and terrible policies good for c

>> guest: they evidently corresponded once or twice and i know hayek was hoping hayek -- but i haven'tbeen able to find much beyond that and i don't know possibly of correspondence has been lost. it would seem that there is at least a couple of casual contacts of correspondence but beyond that i don't know. >> host: we have come now to the third part of our chat which is about the controversy because if you read the papers today you will read it was all hoover's fault or coolidge's and hoover's fault and not roosevelt. or you would read that this is roosevelroosevel t's fault and that is why this book is timely again or for the first time since it's been discovered because it's about what happened in that dark economic period and united states. i wanted us to mention one thing that you discovered, your discovery recently. professor nash finds interesting things. when it came to blame assignmenassignmen t people often blame calvin coolidge for statements he allegedly made as late as 29. the market was just fine in stock phrases were out. what did you discover? >> guest: an article i wil

where they are dropped from 40,000 feet 8 miles hayek into a cold ocean 10 miles offshore where they swim under water. literally swimming with sharks in the philippines to set up a surveillance began. operating at high altitudes in down mountains of afghanistan. it is a great deal of physical endurance. >> host: how many are there and how many try out? denied the exact number is classified the roughly 2,000 worldwide and an alumni of a few thousand more. at some point i think every boy or girl thinks about being a navy seal but those to get to try out from the buds is maybe only 10,000 basic underwater demolition school is basic training it used to me you had to join the navy for basic training that you can and get that directly but even after buds there is another demanding training program. it takes about two years of a selection process to get through the program. very few do. less than 20 percent make it through their highly selected and fit people. annapolis graduates, four marines, olympic athletes all these people failc"é >> their sacrifice save the lot of lives. >> this photo

do know commissioner one of the biggest observations is the battery back up it's very, very big and hayek that's one of the biggest complaints. >> what's the size relative to the com cast box. >> i think the comcast box doesn't quote me maybe 3 feet by 2 and a half and 3 feet. >> what's the dimensionss. >> 20 by 22. >> 10 inches. >> is there any public comment on this item take rub89sz from the project people. >> city for listening to our appeal. this is has been a learning can i ever on behalf of all of us we didn't mean to depict anything that's not it is pretty close 27 inches. with regard to what was discussed by at&t we appreciate at&t discussing the issue. the permitting process has been going on for weeks and months ease, in fact, i had a telephone conversation with at&t about the alternatives we appreciate that and if the board is going to grant the permit we - i would ask that it be granted with those conditions it's important to put the box across the way but to emphasize in terms of the alternative sites we are especially suggesting this by us weeks and months ago we didn't hea

question. >> three cheers for the hayek reference. [laughter] so what do you view is the essence of the common law? is it case by case, or is it something more than that that happens in each case? >> well, certainly we have, right, our basic principles, unfair and deceptive acts of competition, and it's important for the ftc to articulate, i think, generally what those mean. we have an unfairness statement on the consumer protection side. and as you, barron, probably know and i don't know if others do, using unfair meds of competition -- methods, i've said we need to have a similar statement saying what does that mean generally. but then as you apply it to evolving facts, that's where the common law comes in where you start saying, okay, what does that mean when you're talking about online advertising? what does that mean when you're talking about a new technology? and we, you know, we kind of apply it in an ongoing way that way. what's the kind of harm we should be addressing? that's what we talked about in the unfairness statement.

modern european intellectuals from voltaire in the 18th-century through herbert marcuse and frederick hayek in the 20th century taught about capitalism and its cultural ramifications. while that ultimately cannot in 2003, while i was working on that book i published another smaller book on adam smith as a social and political thinker. adam smith and his time and hours designing the decent society. and then after mind in the market cannot i worked in these more jewish oriented themes. i continue to think about and right about the history of capitalism, the march issue of the journal foreign affairs in the 2013, a piece called capitalism and inequality, what the right and the left get wrong which explore some of the long-term themes of the history of capitalism. i'm still working on it. it is a big topic. >> is there a date certain when it was founded? >> no. in fact, one of the interesting fallacy's i think in writing the history of capitalism, one that has now been dispelled is precisely this notion of what the was a starting point. the beginning of the 20th century there was a big debate i

penelope cruz and robert de niro helped present an award, the caption, confuse confused cruz with salma hayekooked hot in a strapless d'or gown and lupita nyong'o becaudazzled. and amy adam s got rave reviews for her strapless gucci dress. and ferrell, shorts. tuxedo shorts with a stripe on the side. yeah. >> not the grammys. >> no, no. not this time around. >>> what better with a i to contrast the oscars than with the razzies. this year's worst of the worst included "after earth" which scored jaden smith a worst actor win and worst screen combo for he and his fresh prince dad. but megabomb 43 that took home the worst picture prize. >>> i'm frances rivera. this is "early today." we hope it is just your first stop of the day on nbc. [ female announcer ] so how long have you been living flake-free with head & shoulders? since before jeans were this skinny... since us three got a haircut. since my first 29th birthday [ female announcer ] live flake free with head & shoulders. with seven benefits... there's no worries from flakes, itch or breakage. i haven't worried about flakes since my grunge d

which had to do with how modern european intellectuals from voltaire in the 18th century to friedrich hayek in the 20th century thought about capitalism and its moral and cultural ramifications. while i was -- that, ultimately, came out in 2003. while i was working on that book, i published another smaller book on adam smith as a social and political thinker called "adam smith and his time and ours: designing the decent society." and then after "the mind and the market" came out, i worked for a while on these more jewish-oriented themes, and i've continued to think about and write about the history of capitalism. last year in, i think, the march issue of the journal foreign affairs in 2013 i had a piece called capitalism and inequality, what the right and left get wrong. that explored some of the long-term themes in capitalism, and i'm still working on it. it's a big topic. >> host: is there a date certain when it was founded? >> guest: no. in fact, one of the interesting fallacies, i think, in writing the history of capitalism, one that's now been dispelled among some historians, is precis

kristen wiig plays a bun. [ laughter ] and there's a lot -- salma hayek plays a taco crazily enough.ngs i'm most excited about. >> jimmy: it's not something you pitched as a prank on a movie company to say i'm seth rogen, let's see what i can get made? >> i screened it for some friends the other day. and yes, someone told me like, well, if nothing else you have enough power to get literally the craziest thing i've ever seen made. so that's good. >> jimmy: you tweeted something -- >> yes. >> jimmy: -- that i found very compelling. you tweeted to rupaul -- >> yes. >> jimmy: i assume people know who rupaul is? [ cheers and applause ] you said, "thanks, rupaul. when i was 15, i accidentally pleasured myself to a picture of you thinking you were a girl." >> yeah. i did. totally. >> jimmy: you did for real? >> for sure. yeah. big-time. we were at -- i was at summer camp. so already that should be taken with a grain of salt. like you could like [ bleep ] a dog at summer cam. and it's kind of somewhat acceptable. >> jimmy: but don't. >> but don't, obviously. but if you did -- snoop is backst

it may be worth more than hayek but huge hidden liabilities shacking up with air b&b.sks threaten the $10 billion valuation. here is jason clampett who has reported on the company. and legal analyst lis wiehl. jason, let me start with you. we did a segment last week, everyone so excited about air b&b but they're raising questions about legal overhead. what are their biggest problems? >> it is a fascinating company. they have moved quickly and grown so fast but the big challenge is they have to have a battle in every municipality. every town has a different set of rules for zoning, housing and when it comes to new york they have different rules in san francisco which has different rules from austin. melissa: a lot of people are breaking these rules when they carry a band meet someone else to run their property. >> exactly right. even on their web site they say it is complicated. you have to check in the law of your state or municipality and if you just want to rent out piece of your apartment 4-bedroom, that is daunting because in new york, 14.75% occupancy tax, new yor

do you think that he knew frederick hayek who did speak of the road to serfdom?>> guest: they corresponded once or twice and i know he was hoping he would get a blurb for the magnum opus of his own but i haven't been able to find much beyond that and possibly some correspondence has been lost. it would seem at least a couple of contacts and correspondence but beyond that, i don't know. >> host: now we come to the controversy because if you read the papers today it is all his fault to great depression or once in a while this is why this book is timely since it's been discovered because it is about what happened in that dark economic period and i wanted us to mention one thing we discovered that it could discovered. people often blamed calvin coolidge for a statement he allegedly made as late as 29. the statement was the market was just fine. what did you discover? >> guest: it was against coolidge is that prosperity was absolutely found and the stock was cheap in the market and it turned out the only source that i've been able to find and others have been able to

we do the indoor running of the balls in the movie withsale ma salma hayek. that's what makes it special. anybody can run bulls outdoors. but i tested it in my house. i had to move. once you get bulls in your house, you just can't get them out. >> jimmy: is that true? you become infested with bulls? >> yeah. i had to sell that place. [ laughter ] >> jimmy: you seem like you would be a fun guy to hang out with. with these kinds of ideas. >> jimmy, i'm so glad you said that because i've just -- for some reason i just like you. >> jimmy: oh, really? thank you. >> i'm sitting at home watching television, you know, because i'm not here. and really, i'm just like what a nice guy he seems like. he must be so good. i mean, i hear you have like gatherings at your house for friends. is that right? >> jimmy: i do have gatherings, yes. >> i'm in town for a few days. >> jimmy: i would love that. we'll make chicken. we'll enjoy it. >> i love chicken. what do you mean make chicken? [ laughter ] my girlfriend is a chicken. >> jimmy: how do you like working with miss piggy? >

he was correcting and writing do you think he knew frederick hayek, the great philosophers who did speak of the road to serfdom? >> guest: yes. they corresponded once or twice and he was hoping hoover would get a blurb for the constitution of liberty. in 1960 but i haven't been able to find much beyond that and some correspondence has been lost. it would seem there was at least a couple casual contact and correspondence but beyond that i don't know. >> host: we come to the third part of our chat about the controversy. those who believe it was all due for's fault or coolidge's and cougar's fault and not roosevelt's, or it was all roosevelt's fault and this is why this book is timely again or for the first time since it has been discovered because it is about what happened in that dark economic period in the united states and i want to mention one thing you discovered, i was able to write about your discovery recently, professor nash find lots of interesting new things. when it came to blame people often blamed calvin coolidge for statement he allegedly made as late as 29 that the market w

. >> verlyn hayek, the very latest on the troubles facing the high street. >> what are we watching todaych for the missing malaysia air jet. it is become the longest in commercial aviation history. investigators are looking at the possibility of that suicide. that is just one of the news out there. whoever was operating the aircraft went to great lengths to avoid being detected. we will bring any breaking news that comes from that. from french --d france. taxes, cuts and spending. that is according to one of his advisers. he says chinese companies now account for 80% of their foreign investments. this take a closer look at change in strategy or later in the program. >> up next. the rubel revisited. we will discuss the impact of the current market status. ♪ >> welcome back. let's return to the international standoff over ukraine. you a residentg putin speech live and fully translated. he is expected to tell lawmakers to accept crimea as a russian territory. to discussn hardie the effect on markets. john, when we look at the rub downthere's a long term trend that was established before the

. >>> estÁ salma hayek tambiÉn. >>> muchas personas mÁs, una pregunta para la nueva pelÍcula (nombre estrellas de la cancha, son idÉnticos. >>> y mÁs adelante, desde colombia nos enlazamos en vivo con carlos vives que tiene mucho que contarnos. >>> de quÉ jugador creen que son estas piernazas? vayan pensando, mÁs adelante la respuesta y regresamos bailando lambada en "despierta amÉrica." venga. ♪. ♪. ♪. >>> de regreso de regreso en "despierta amÉrica". y antese de preguntarle, le preguntamos de quÉ, de que jugador son estas piernas. y la respuesta correcta es... radamel falcao garcÍa. >>> viva colombia. >>> jugadorazo. que esperamos que se recupere de su lesiÓn y estÉ en el mundial, estamos de regreso, echala papÁ. >>> ahÍ estÁ, seÑores y seÑoras, se lo dijimos anteriormente con la copa mundial a la vuelta de la esquina, se enciende la pasiÓn. el fÚtbol, faltan cien dÍas, los que dicen que se parecen a los Ídolos del balÓn, lo vamos a comprobar. tenemos a anita, lindsay, rox, y arepita, y van a decidir quiÉn es el que mÁs se parece a su jugador. >>> bolin! (risas) >>> es que bueno. (

the -- frederick hayek. the weird, bipartisan history to this idea, and if this really does continue to play out along these trajectory ares, might need to revisit that. that's not our preferred solution though. there's a wrinkle on that advocated by milton friedman that we like a lot better which is a negative income tax, which is let's encourage work, let's make sure people are still, wog, and for every dollar they earn instead of paying 20 cents in taxes, why don't we give them 20 cents, and that will encourage them to keep working. these are some pretty heavy ideas. we think in the more far-out future let's shift the conversation around what we're taxing and how and if we need to, shift it in this direction. >> we're at the halfway point. >> still with us? [laughter] >> this is the commonwealth club of california program, and we are talking with erik brynjolfsson and andrew mcafee about their book, "the second pa chien age: work, progress and prosperity in a time of brilliant technologies." i'm your mode

. >>> perdÓn seÑor rodner, doÑa thalÍa y salma hayek cÓmo estÁ. >>> aquÍ la seÑora galilea montigo. >monos al mundial. >>> vamos al mundial. >>> alan al mundial. >>> bueno, la selecciÓn "tri" color mexicana empatÓ a cero el juego estuvo bueno, un juego de porteros los dos porteros estuvieron extraordinarios, los resultados del partidos. fecha fifa, buenas cosas de varias selecciones. >>> les pregunto cuÁl es su prÓximo reto, desde nueva york, conocerÁn de artistas que pasan diez dÍas comiendo y durmiendo en una rueda como hamsters para mandar mensaje positito en nuestra vidas. >>> carlos baute responde al veto que le hicieron en venezuela, enviando un mensaje a estudiantes y paquita la del barrio y el dasa se reÚnen con la prensa, no se imaginan lo que pasÓ. belinda le mandÓ un mensaje a carmen salinas, no se lo pierda. carmencita es mi amiga en twitter la defiendo. >>> no se mueva, en breve bailarinas de miami heat, no se mueva, ya volvemos. >>> yo te lo cuido. (risas) no me dan chance. en ikea, no sÓlo diseÑamos muebles. tambiÉn diseÑamos buenos dÍas. pequeÑos experimentos. ideas gr